Welcome to another episode of our AMA series. Today we are glad to tell you about the AMA session with our friends from Unique One Network, a truly decentralised non-profit NFT Arts platform owned and managed by the Digital Arts community, bringing together Artists, Creators and Collectors as One. The AMA took place on May 29 and our guest was @un1qu!
The total reward pool was 500$ and was divided into three parts. In this AMA Recap we will try to summarize some of the most interesting points for you.
PART 1, INTRODUCTION AND COMMUNITY QUESTIONS
Gold Rocket | Satoshi Club: Hello, dear community! We are pleased to announce AMA with Unique One Network!
D. | Satoshi Club: today our guest – @un1qu!
Gold Rocket | Satoshi Club: We are glad to welcome our old good friends.
Unique G: Will never DM first: How is everyone?
Gold Rocket | Satoshi Club: We are very excited about the upcoming AMA and you?
Unique G: Will never DM first: Fantastic thanks! I am happy to be back for second time on Satoshi Club, yes extremely excited about what we have to share since the last time.
Gold Rocket | Satoshi Club: Before starting the news, remind a bit about yourself and Unique One Network.
Unique G: Will never DM first: Hi I am Unique G the community manager of Unique One Network. Unique One Network is the Polkadot Substrate chain which will host multi chain NFT art marketplaces that is Defi enabled. Each marketplace Dapps also has a multi chain presence and Unique One Network chain serves as the NFT transfer hub for all our NFTs on multiple chains.
D. | Satoshi Club: btw your team and you, are you still prefer to stay anonymous?
Unique G: Our team is not anonymous. We have speakers from our community such as Ms. Pandu and many partner projects which you can see on our website. There will be a podcast with Consensus (a major blockchain company and inventor of metamask) coming soon. Please see the below event information and we hope you can join.
https://pages.consensys.net/blockchain-in-finance-and-commerce-the-rise-of-digital-assets
Gold Rocket | Satoshi Club: Thank you very much for the great intro. And also tell us a bit what has happened during these 6 months since our last meeting in Unique One Network?
Unique G: The last 6 months have been an adventure for us. We started with just one NFT marketplace on Ethereum and now we have 3 NFT marketplaces that is deployed on Eth, xDai and BSC with a total of 5 marketplaces. We will also roll out Unique One Network which is our Substrate chain. And will also roll out Unique One Finance which is an NFT Fractionalisation and NFT swap protocol to open the door for other Defi protocols. We will also have Unique One Love which is a charity platform and Unique One Game which is an NFT game Launchpad and game item marketplace. It will also feature a Metaverse. We are a full blown ecosystem now and this is not possible without a strong community and partners with various other projects and teams who believes in our nonprofit net zero fees community owned vision. We are extremely grateful.
Q1 from Telegram user @Highpee
The last time you were here in December 19, you said that you will sponsor ETH Denver 2021 VR Art Gallery, a 7 days’ digital event that was expected to start in Feb 2021. You also plan to implement your DAO model phase 2 which you said will be the first in the world. It has been an interesting journey for your project ever since then. Can you tell us about the ETH VR Art Gallery Event? How successful was it and how can participants join the current ETH Denver auction? Also, is DAO phase 2 structure which you said will be the first of its kind already implemented? Kindly brief us on these and other interesting updates about unique one.
Unique G: I am glad you remember, ETHDenver was an absolute success. It is the largest eth dev event in the world and the Colorado governor Jared Polis is supporting the event. We sponsored the VR Art Gallery which was curated by IRL Art and since then they have applied for our Artist Incentive and was approved for Usd100k to build more VR Art Galleries and next month they will unveil the parallel REAL life Art Gallery with a parallel VR Art Gallery in Denver! They are a cooperative of more than 100 artists and support the BLACK LOVE ART movement. Even though travelling is difficult during covid times but one of our team member will be there to see it.
Further to that, we will roll out auction functionality by mid-June and will facilitate an art auction for ETH Denver spork launch. Selected artists will be features, we encourage artists to reach out to IRL Art and ETHDenver if you want to contribute.
The DAO Phase 2 will be on our substrate chain and will be available sometime after our Substrate chain is up. We will have a DAO for governance of the Chain and DAO for governance for Dapps. This way there will be shared resources and governance between the various Dapps on our chain. Sort of like nation and state level.
As usual, any new project tokens will be airdropped to existing Unique Token holders. And a portion is airdropped by our Rare Limited Edition NFT cards.
You can see the RLE NFT cards in this showrell video which was shown as Consensus 2021. We were the two block sponsor of Consensus.
D. | Satoshi Club: so VR direction will be play an important role on your platform in the future updates?
Unique G: Yes, absolutely. In this covid world, there are a lot of people using VR as an escape mechanism. For example, crypto voxel land may be expensive but if you build a gallery there, we find there are 300 visitors in one day. So it replaces the physical space. We also have partners who own 3% of the land in crypto voxel and we will use it to advertise for unique one network and other unique projects later on. The current metaverse can be improved and we are thinking of applying NFT lease and mortgage to virtual lands using Unique One Finance. There is also a social component which can be improved and we are talking to a meta social protocol to enable social media in world. A lot of exciting possibilities there and we are already in development for some of these ideas. We will reveal in our telegram channel when it is ready. Unique One Finance is close to launch but we are undergoing audit for the smart contract.
Q2 from Telegram user @Ruttiee
Unique One Network currently has or 3 different NFT marketplaces which are: Unique.Fans- an Adult Arts NFT Marketplace, UniqueOne.Photo- a Photography NFT Marketplace and Unique.One- a non-profit platform owned and managed by the Digital Arts community. How Does Unique One Network ensure that NFTs sold on its marketplaces by creators are original and does not have any copyright issue?
Unique G: This is a problem to which no one who is operating an open and permissionless platform has a solution for at the moment. So we have a complaints based system at the moment. Our marketplace has a Google image search function built in so that if the art or picture is something that is common on the Internet, it will be indicated. In an open and permissionless NFT such as Unique One and Unique Photo, it is a big challenge as we cannot directly link the identity of the creator/artist/photographer to the metamask address and the works. Therefore, we are undertaking a big joint project with FIO protocol. The solution will use their human readable domain and address system to link to a blockchain address and NFT items. They will enable us to track an item across multiple blockchain. This is an exciting project for us as we seek to find a soliton to this problem for the industry. For permissioned NFT marketplace such as Unique Fans which is a NSFW NFT art marketplace, we use Yoti verification so we can ensure all creators are above 18 years of age and that we do not receive their ID details. This is the same system used by Pornhub so many creators already have a yoti account and just need to connect to their existing account. It also opens a large pool of adult performers to on board to Unique Fans.
Gold Rocket | Satoshi Club: well… you have found a unique solution to this aspect.
Unique G: As decentralised ID is more mature and protocols in the Polkadot ecosystem such as Kilt Protocol for their verifiable credentials become more popular in use, we believe the problem will be solved if all the NFT platforms makes it a requirement to have a DID. We are agnostic so we are keeping our options open and willing to work with other technologies as well.
Q3 from Telegram user @andrey_seleznov
Hi Unique.One! I’m interested in learning more about the Creation Mining concept. Unique.One plans to be the first platform to reward creators for publishing their artworks on the platform. 10% of the $RARE token supply is reserved for creators. Please share some more details, how can creators get a share of this treasure? Is it enough to simply publish the artwork on your platform or are there any specific requirements creators will need to meet?
Unique G: Creation mining or minting rewards is part of the reward program. This is ongoing on all our platforms including $RARE, $FOTO and $FANS. We have an allocation of tokens which is 10% of supply which is shared amongst all the creators. There is a condition though. The creator will be disqualified if they are found to be violating copyright laws or for the Unique One Photo marketplace, if they do not comply with photographic guidelines, they can be excluded from the rewards. In addition, there are another 10% for number of transactions and 10% for volume of eth. This is shared between buyers and sellers. The platform directly rewards the activities that helps the platform grows and many people have many a lot of money doing this.
D. | Satoshi Club: for the Unique Photo marketplace, photos which will be placed there, they should be in a good quality? can I just take my phone, go and take thousands of photos everything around me, and upload to the market in non-stop mode, just to boost my chances to get more rewards eventually?
Unique G: Our target market for photographers are the art photographers who can be professionals or amateurs. So there is a certain quality level that is expected of the NFTs. Unique One Photo solves a really big problem for the millions of professionals and hundreds of millions of amateur photographers around the world. Traditional centralised platforms charges a hefty fee from 30 to 50% and there is no way to tell how many copies are sold. With our platform, they are not charged any fees whatsoever. We are the first photo nft platform and we have big hopes for this platform. You can visit bsc.uniqueone.photo to see our featured photographers who are award winning and amazing talents. We also have a selectable license so that photographers can choose and this will be embedded in the metadata of the NFT. This is a world first.
Photography is the art of capturing light with a camera, along with a subject and/or foreground to create story for your photos. Your photo should include the following:
- Composition (Inc. but not limited to Rule of Thirds)
- Bokeh (Optional, Aperture)
- Contrast
- Exposure
- Correct ISO
- Flash / Strobe (Optional, Natural/Studio)
- Shutter Speed
Above is simple guidelines.
Please inform all your photographer friends to come onboard. We will have photographer contest/incentive programme as well once we have made sure the platform is running smoothly. Here are minting steps.
Q4 from Telegram user @mctrho
According to your website, you already have markets in the Ethereum, Binance Smart Chain and xDai chains. Do you plan to move to other blockchains like Polkadot, Solana or other chains? Also, the current situation of Ethereum with respect to its high commissions and traffic on the network, has any negative impact on the project?
Unique G: Our next platform will be Unique One Network which is a Substrate chain and we plan to connect to Octopus Network which is a relay chain on NEAR. We can move later to Kusama once our project reaches a higher valuation. We are also planning to roll out on Soranet but this requires Ink! Contract and we are in research for this. It is easy for us to deploy any marketplace such as Solana, Matic or any other chain which we think will give us the audience. In essence, Dapps are consumer facing so think of them as retail shops which will open a branch in any city where there is a market. So the strategy for most Dapps is to deploy on Multiple blockchains. The objective is to grow the market and all the more activity there is the more benefit it will give our community. But there is a cost to deploy and maintain so we will decide carefully.
Gold Rocket | Satoshi Club: If you are familiar with metamask, this guide seems simple enough to me. Does the user need to pass the KYC?
Unique G: Ethereum is excellent but it is only for large value transactions. Matic is pretty awesome as the wearable on Cryptovoxel is using it and now we can have these items featured in opensea as well. $FOTO is permissionless but if they want to be featured, they need to be accepted into our professional group. Anyone can open a $Foto account and mint.
We are already multichain but now we will have our own native substrate blockchain to host all our marketplaces. This is part of our long term plan.
D. | Satoshi Club: you have lots of things in pipeline, wow, you will be a truly multichain project.
Unique G: Thanks… The credit goes to the founding team and the many partner teams. We did not raise much and do not have team tokens so it would be impossible to do it without everyone’s collaboration.
Q5 from Telegram user @victorogb
The UniqueOne $RARE token is its major token created to govern the entire platform on the Unique ecosystem. Therefore, how does the $RARE token come into dominant use and prominence, with other tokenized substrate such as $FOTO and $FANS still employed in the UniqueOne ecosystem, and why would minting of the $RARE token be done over a period of five (5) years?
Unique G: The reason why we have a multi sector strategy is because there are many communities that have their own set of requirements. So for example photographers want to have their own topics to talk about and they want the UI to be optimised to display photos. This is why when we created $Foto the UI is totally different. Please compared app.unique.one and bsc.uniqueone.photo. They are both different. Each token will represent the governance in their own community.
The same applies to Unique Fans where NSFW artists have been constantly banned and have their social media accounts terminated. So the platform is geared towards them and their content. So that they will no longer be discriminated against. It also ensures that NSFW content doesn’t end up elsewhere where it may not be welcomed. Obviously, they are a community of their own and want to have a say in the direction of the project. Check out app.unique.fans
Unique.one is an art nft marketplace so it is clear who the community is for. The unifier will be Unique One Network which will be our own native blockchain. And all the token holders will receive airdrop of $UNET coins so that they can have a part in the foundation layer and decide together.
D. | Satoshi Club: $FOTO and $FANS are crosschain assets they can be transferred easily between all 3 chains (Eth, BSC, xDAI) at the moment? or some of them existing only in one chain which you support?
Unique G: We always have airdrops for every new project to all existing holders. It is possible to transfer now but the problem is the gas fees especially eth gas fees. So it is cheaper to create in Eth if your intention is to have an Eth NFT. Maybe this will not be a problem when we have a bridge between 2 cheaper blockchains.
Q6 from Telegram user @Derazy
I would like to know more about Unique One Love that is a charity platform. What is the main focus of this charity platform? Can you please tell us how community can contribute on this charity? And perhaps we can know how you choose eligible organization/personal to receive donations?
Unique G: Unique One Love will allow charities to raise funds using crypto and auction mechanism. Our auction mechanism will be an improvement on what is out there at the moment. And this will be showcased for Ethdenver $spork auction mid-June. We will apply this for Unique One Love as well. The model for Unique One Love is similar to our other platforms in the sense that it will generate a buyers’ fees and this will be used to buy back and burn supply of $LOVE.
It will be permissioned; only qualified charities will be allowed to create auctions or net sales on $Love platform. The qualification process will include application, a period of monitoring and a trial period in order to ensure the deals are genuine and that the process is transparent and the donation is provably received by those in need.
We will start with an established charity platform in Indonesia and the founder will also play a part in the $Love team so that she can guide the development of the platform and make sure it grows. The crypto has only has a few of such platforms and we believe it is important for us to encourage collaboration with more crypto projects to give back to the world.
PART 2, TELEGRAM COMMUNITY LIVE QUESTIONS
The chat was open for 120 seconds; a lot of questions were posted by Satoshi Club community. Our guest chose some of them.
Q1 from Telegram user @NataliyaKil
Congratulations on the launch of UniqueOne.Photo! It seems to me that photography is the most popular art form in our time. I would like to know with what subject the photos can be posted on your platform, are there any restrictions and censorship? I know that on many sites and in social networks you cannot post other people’s photos of people, children’s photos without the permission of their parents, photos of an intimate nature, and even photos that have been processed through Photoshop. How are you doing with that? What is allowed and what is prohibited?
Unique G: Thank you. It is really exciting for the photography community. It is the responsibility of the creator to be aware of copyright violations and obtaining permission of subjects. We have a few travel photographers and one of whom has worked for national geographic. We place the trust in them to be aware of such topic. Of course there is a complaint channel and this will help us identify any works which violated copyright or any other well accepted dukes. The foto professional group is a really active group and there are many ideas that comes up. So for example, the past few days someone has the idea of a new type of license. So we think this is valid and should be incorporated. All our projects are fluid and the community input once accepted is quickly carried out.
Q2 from Telegram user @Xusuo
I found that Unique One is sponsoring the largest Crypto conference in the world, Consensus 2021. So user who participate can get discount 50% to buy your token. Can you tell us the detail about what is the conference about? And How do I possible to join in discount 50% event?
Unique G: Yes. The Consensus 2021 sponsorship follows our strategy to only collaborate with top platforms for our branding drive. The package we signed up for with Coindesk is actually a big package that will cover advertisements on their website, newsletters, podcasts and other mediums.
We had a similar campaign with Cointelegraph.com where we airdropped a special Cointelegraph.com NFT on our bsc.unique.one marketplace for the first minsters on the marketplace. This partnership also comes with ad campaigns which we will carry out for Unique One Network. And of course, we sponsored Ethdenver and will continue to look for the next top class partner to make our project and branding well known in this space. Some people comment why a small project like us is spending money on such expensive campaigns. We like to think of this as a signal that we are serious and will do whatever possible to make this project a success.
Q3 from Telegram user @Ajpaa
Unique.One has a fixed Total Supply Token Model of 10 million $RARE tokens will ever be created. While Token emission starts with 4 million tokens issued in the first year followed by 1.5 million tokens each year for next 4 years. Why did you decide to use the 1.5 yearly token issuance? Is there any possibility of changing this? Would there be burning and deflationary policy of $RARE? Thank you.
Unique G: We use buy back and burn mechanism for all our marketplaces. For Unique One we have only a buyer’s fee of 2% which is collected to buy back $RARE and then burned. We have done this 2 times and in total there are about 2% of circulating supply that has been burned. We expect about 5 to 10% of circulating supply to be burned a year and the price should have a positive impact in 2 to 3 years due to the rate of token burning.which drastically reduces supply.
Q4 from Telegram user @Alex_dro_pro
Are your team planning to launch an LP reward program in the future, which will also be followed by the bug bounty program??
Unique G: The LP reward is always available and forms a big part of our tokenomics to ensure we have sufficient liquidity in our Dex. Please go to Uniqueone.exchange for all the information you need for all our tokens including LP reward, listing and token burn information.
Q5 from Telegram user @Miner_001
Russian, french, mandarin,Hindi are most spoken popular language and most people in crypto space also so is your #Unique One Network project does have any separate telegram community for these people?
Unique G: We want to support all our community which speaks various languages and so far we have Vietnamese, Japanese, Chinese, Spanish. If you have any sufficiently large following, then please let us know.
Q6 from Telegram user @h1drX
Unique is being built by a team of anonymous artists, developers, designers, marketers, and project managers with deep involvement and experience in the crypto space. Why does the team that develops Unique One remain anonymous? What is the reason for this? Gaining the trust of people in the crypto world is essential, and many times both consumers and investors need to know the team to deliver that trust. Does your team think about revealing their identities in the future?
Unique G: As answered before, we started as an anonymous project but we are no longer anonymous. You can check the partners list on our website uniqueone.network and we have a spokeswoman for Consensys podcast as shared before.
Q7 from Telegram user @Kabirkapoor9
When UniqueOne will adopt kusama? Any expected date?
Unique G: Unique One Network plans to be an appchain on Octopus Network Oct.network first as the barrier to entry is lower for this relay chain. Only when we grow our token valuation to an interesting level, we will bid for a Kusama parachain. This will be the strategy of many smaller appchain projects.
Q8 from Telegram user @NataliyaKil
So you’ve gone through the launch at ETH, xDAI and BSC. The launch of SoraNet is planned for the 3rd – 4th quarter. To be honest, I don’t know anything about this network – SoraNet and an internet search returned no results. Could you tell us what kind of network it is, why did you choose it to launch Unique One in it, what new functions will Unique One acquire in SoraNet and benefits for users? Whom do you plan to conquer in the future?
Unique G: Soranet is sora.org which is a Substrate chain which hosts Polkaswap. We have 50% of our LP rewards on Polkaswap. The other half is from Uniswap. Our founding team and initial community are all from the Sora community so we receive very special treatment and support from them. For example, our unique tokens are the first non-native tokens supported by Polkaswap. This is also the reason why we have a significant amount of Unique Tokens on Polkaswap. So it is an important mission for us to make our NFT marketplaces available on Sora. Unfortunately, EVM is not supported so we have to dedicate resource to deploy using Ink! Contract.
Q9 from Telegram user @highpee
You have enough products already, but I discovered you are not getting tired as you plan to launch 3 other products which are Unique ONE LOVE, Unique ONE FINANCE and Unique ONE GAME. What will be UNIQUE attributes will each product has and how is it designed to deliver a UNIQUE EXPERIENCE?
Unique G: The only reason why we can undertake so many projects without tiring is because we work with many teams and other partners. Or else this project is not possible at all especially with such a small budget. We are not only building community of users but also community of builders and we support each other.
Q10 from Telegram user @KhaleesiTheCryptoLady
In your 2021 roadmap, could you share to us which part is the most important one? How it gave great progress in the Unique One Network?
Unique G: We did not officially have a roadmap as we are not an ICO project. But now we have revealed our roadmap which will be executed within 4 months. We will launch the following projects.
- Unique One Love
- Unique One Finance
- Unique One Game
- Unique One Network
As for 2021, it will be an expansion of our universe. We will do it in 2 ways. 1. Continue building Defi and NFT protocols with our team collaboration with partners 2. Build NFT marketplaces for other interested parties on our Substrate chains
As for parachain connection, we will want to connect to
1. Oct.network
2. Kusama once our token valuation is high enough.
PART 3, QUIZ AND INFO
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about Unique One. A link to a Quiz form was sent into the chat. Participants had 10 minutes to answer. 300$ were distributed between the winners.
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